The post Bitcoin’s Safe, Saylor Says, While Trump Waves The Tariff Sword appeared on BitcoinEthereumNews.com.

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Michael Saylor, Executive Chairman of Strategy, pointed out that Bitcoin won’t face tariffs under US President Donald Trump’s new import tax plan. Saylor shared this view on X, telling his 4.2 million followers about Bitcoin’s unique position compared to physical goods. Related Reading Digital Assets Dodge Trump’s New Trade Taxes “There are no tariffs on Bitcoin,” Saylor wrote in his X post. His statement comes as market watchers track how the cryptocurrency market responds to the new tariff increases. According to reports, many investors worried about how Trump’s April 2 “Liberation Day” plans would affect crypto prices. But these concerns haven’t caused major price drops so far. Asian Countries Face Highest Import Taxes Based on information from Trump’s announcement, several Asian nations will face steep tariffs on their goods entering the United States. China will see a 34% tax rate, while Japan faces 24%. Taiwan’s imports will be charged at 32%, and Vietnam tops the list with a 46% tariff. These new import taxes will start on April 5, according to the announcement. The new US Tarrifs ▫️China — 34%▫️European Union — 20%▫️Vietnam — 46%▫️Taiwan — 32%▫️Japan — 24%▫️South Korea — 25%▫️Thailand — 36%▫️Switzerland – 31%▫️Indonesia — 32%▫️Malaysia – 24%▫️Cambodia – 49%▫️UK – 10%▫️South Africa — 30%▫️Brazil – 10%▫️Bangladesh -34%… pic.twitter.com/W3n22Z0GnI — Chay Bowes (@BowesChay) April 2, 2025 US Allies Not Spared From New Trade Measures The tariff plan extends beyond economic rivals. Even American allies must pay more…

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Filed under: News - @ April 4, 2025 1:29 pm